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visit to washington, d.c. and the sea spirit of the holiday season amidst all of the chaos was not lost on him. >> we may cast aside for this night at least the dangers which beset us and make all of children an evening of happiness in a world of storm. >> sean: churchill would stay with president roosevelt for three weeks addressing a joint session of congress and going to church with the president. the remarkable period just a small part of a best sell ising book the last lion. it is the third volume of the churchill biography started by william manchester and completed by paul reid who joins me now. a remarkable man, churchill. one of the remarkable figures in history. before we get to this moment, how long was he an outcast and viewed as an extremist in great britain? >> pretty much h his whole political life. >> sean: before and after his time as prime minister? >> absolutely. early in the century he had switched from the conservative party to the liberal party and as he said later i ratted which is their way i saying they switched parties and then reratted and came back to the tor
. from washington's crossing of the dollar to the battle of brooklyn, it is about an hour and 15. [applause] >> this subtitle of this book is old irishman. it is a great honor to introduce the author and my friend, robert sullivan. i have known to geniuses in my life. one is dead, and the other, robert sullivan, is alive. although that reversal in is not the robber solomon he was receiving. not exactly, but more but then the moment. first, brazil and is the author of seven extra hour bucks. meadowlands, will hunt, how not to get rich, rats, cross-country , the throw you don't know, and the one that brings us here, my american revolution. in mine and humble opinion each of these books is its own line and masterpiece. wonderfully idiosyncratic, uniquely incisive. each is an investigation of the american my state and song skate into relative with the american landscape. fleet contends the obvious, whether a garbage dump comes or the species despise rodents or family richard or a transcendental and back and allows us to see what we didn't and will we couldn't will we didn't want to,
. >>> lighting the night. washington monument illuminated in a decade's old tradition. >> thousands gathered to kick off the holidays tonight. >> you better watch out, you better not cry, you better not pout. >>> here's what people are talking about tonight. >> fire works, laser light, music, and food. wjz is live and we have all the holiday cheer. >> reporter: that's right. the monument lighting is one of baltimore's premier community events. this year's ceremony did not disappoint. >> three, two, one! [ cheering and applause ] >> reporter: the mayor joins her fellow baltimoreians to ring in the 2012 holiday season. the 21st annual lighting of the washington monument is a time- honored city tradition featuring a fire works and laser light show. >> have you ever been that close to fire works? >> no. >> was that cool or scary? >> cool and scary at the same time. >> reporter: some 5000 people turned out for the big event. it included darius web. >> we saw the tree all decorated. i'm all in the christmas tree. this is my favorite month. >> you better watc
as the averages denied washington's gravitational pull, the dow gaining 60 points, s&p climbing .5%, nasdaq advancing .20%, we know when the president or the speaker of the house comes on the tube these days, the market is going to get hammered. sell, sell, sell, sell, sell, sell. even if it is just temporary. >> sell, sell, sell. >> the only thing you need to know is the time they're going to come on. if you could just blast out of some aggressive growth stocks or sell some s&p future us when see them walk to the podium, you could probably coin money! i'm surprised the president doesn't start his talks by saying, look, look, america, i'm about to send the s&p 500 down a percent with what i say. ou how about the speaker? suffice it to say we all have to keep one eye on washington and hope they don't poke it out with their endless failure to rise above partisanship. when we started this campaign, i'm sure a lot of people said don't worry, i'm sure they'll do it. today was like the worst day yet. the two parties hate each other. they really do. they personally hate each other. but how about t
just came back from washington and i got good news and bad news. the good news, they all want to rise above. the bad news, the republicans want to rise above tax increases and the democrats want to rise above spending cuts. you can see that investors want to rise above washington. but this morning rally, the averages got pulled down when harry reid said there probably won't be a deal in time for christmas. who's calling the tune? the nasdaq climbing 1.8%. apple rallied eleven and change. i hope this mini rally is happening because people have looked over the fiscal cliff and they weren't terrified by what they saw. i hope we will get by. i hope they don't mind government intervention in their portfolios. because they are not going away. i hope that because what i heard in washington today were two sides even though i can tell them that a deal would be done and there would be no vacation without legislation, we'd be in much better shape. i have to tell you, as encouraging as the market was this morning, the situation in washington is as discouraging. one after another i started with a
with an exclusive look at their latest cfo survey. how are cfos planning what washington can decide? liz: state across the country must decide today who will be setting of the mandatory health insurance exchange required by the health care act. the decision could have a big impact on your coverage and the prices you will pay and maybe insurance stocks. we will break down the numbers for you straight ahead. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. th's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily.. or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung fu
washington to proclaim the protesters vandals. this about 50 # -- 50 # minutes. >> there is nothing so easy but to persuade people they are badly governed. those words were spoken by the brilliant 18th century massachusetts governor thomas hutchenson, and i'll tell you more about him later. let me tell you what else he said because the words hold true today as much as they did then in 1774. governor hutchenson said you can take the happiest and most comfortable people and use malicious, rhetorical skills to arouse popular discontent with their government, with their rulers, with everything around them, even themselves. this is one of the weaknesses, he said, these are his words "one of the weaknesses of human nature of which ambitious politicians make you to serve their purposes." i year before he uttered those words, a group of boston rebel rowsers convinced americans they were miserable, and to quote hitchenson again, "those who think they are misrabble are so despite real evidence to the contrary." now, i doubt if there's a single one of today's tea party patriots who knew what the origi
turn it into politics. and that is what appears to be the case right now in washington, d.c. >> but, sir, politics have a huge influence in this, as we look at the nra which is large lobbying group for gun manufacturers that has supported -- they support you. you have an "a" rating from them. you have voted yes on promoting gun sellers and manufacturers. and yes on the waiting periods taking waiting periods from 72 hours to one day yes on a trigger lock law in washington, d.c. how can you say politics are not involved with this when you look at a voting record right there. the nra gives you an "a" in allowing for people like an adam lanza to have access to the weapons he might have had. his mother might have had it legally, but we cannot police what his mother is doing inside that house to keep lanza away from those weapons. >> yes, and none of the policy issues which you just ticked off would have prevented adam lanza from doing this. and it is very sad that we want to cloud the issue by making nra the policy, as opposed to adam lan za and what triggers this. think of germany, germ
answer to the washington gridlock? and is he planning a run for governor against chris christie. for analysis, we'll turn to joe klein of "time" magazine. "washington post" columnist michael gerson, and our own norah o'donnell and major garrett, our chief white house correspondent. it's all ahead on "face the nation." captioning sponsored by cbs from cbs news in washington, "face the nation" with bob schieffer. >> schieffer: good morning, again. well, to the famous combos of modern life, from mac and cheese, peanut butter and jelly, rum and coke, bread and butter, and salt and pe pepper, add one more pair simpson-bowles. alan simpson may be in wyomingy and erskine bowles in north carolina but you can't mention one without think of the other. when you headed up the bipartisan deficit commission appointed by the president you laid out the dire consequences if we don't get the country back on a sound financial footing. the two sides are still at loggerheads. i guess i would start this morning by mr.-- and mr. bowles, why don't you go first-- is all this just posture or are they rea
boehner's $800 billion tax hike will destroy american jobs and allow politicians in washington to spend even more. disagreements among republicans and democrats here on capitol hill is nothing new, but tuesday a republican aide told us the two sides aren't even talking. not surprisingly the white house disagrees. >> i can guarantee you conversations continue at different levels. and among different groups. >> reporter: both parties are ready to play the blame game in case negotiations fail. >> there's only one person out of 370 million americans who can sign something into law and that's the president. >> 60% of americans are asking the wealthy to pay more. >> reporter: a "the washington post" poll say 53% of americans will blame republicans and 29% would hold the president responsible if the nation goes over the fiscal cliff. the two sides appear close to an agreement on little things. it could lead to higher airline ticket prices and no more mail delivery on saturday. >> oh, boy. susan mcginnis in washington this morning. susan, thank you so much. one of the tax breaks due to expire n
, washington hasn't made much progress to avoid it. that was the assessment from one of those directly involved: house speaker john boehner. the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington's got a spending problem, not a revenue problem. >> tom: congress and the president have 24 days to reach a deal, before the fiscal cliff's tax hikes and spending cuts take effect. >> susie: mark zandi says "bad things will happen to the economy pretty fast" if lawmakers don't settle the fiscal cliff issue. he's chief economist of moody's analytics
's foreign relations and what's next for president morrissey. washington redskins -- ♪ host: is this sunday, december 16, 2012. the flag over the u.s. capitol, over the white house, and in many locations across the country are at half staff today because of friday's school shooting in newtown, conn.. the nation's newspapers are full of details about what happened on friday. we would like to hear from you your opinions on how america can prevent mass shootings. is it the role of government or society to stop them? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. you can also find us online. send us a tweet, twitter.com/c- spanwj. or join the conversation on facebook by looking for c-span and weighing in. you can also e mail us, journal@c-span.org. here is the first page -- front page of "the hartford current" this morning. "day of grieving." the top headline, along with a list of the victims. the employees, all women. the children, all around the age of 67. this is "the sunday bulletin." "residents gather to find comfor
. >> thanks very much. next, new jersey republican governor chris christie in washington today asking for money. hypocritical or not? and a day after internet guru john mcafee was arrested, he was rushed to the hospital. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issu
the department of homeland security program that gives money to recover from a terrorist incident. "washington journal," is next. [video clip] >> we cannot tolerate this any more. these tragedies must end. we must change, to end them. host: president obama at last night's interfaith prayer vigil in newtown, connecticut, speaking to the community hit by friday's elementary school shootings. it's monday, december 17, 2012. the president offered words of solidarity and state and pledged to use the power of the presidency and to prevent future killings. some are asking whether that is an indication on whether he will push for stronger gun control laws. question for you is and should u.s. gun laws change? here are the numbers to call -- you can also find us online. send us a tweet or join the conversation on facebook, or send us an e-mail. our question for you is whether u.s. gun laws should change? here's the headline in "usa today" -- jumping down into the story, it says -- others are exploring the question of gun laws. we will hear some comments from members of congress this morning. congression
. host: that is a shot of the union station in weiss did, d.c. -- in washington, d.c.. we will take a look at politics and the year in foreign policy. we want to hear from you about your political hero. why he or she deserves the honor? your political hero of 2012. you can give us a call this morning. host: you can reach out on social media. you can send us a tweet at twitter.com/cspanwj. we have about 15 comment so far. you can send this e-mail that journal@c-span.org. your political hero for the first 45 minutes. here are some thoughts on facebook and twitter. this is from jonathan espinoza. about 15 comments on facebook already. danny likes bernie sanders. host: just some of the mansion's this morning. entions some of the mansi this morning. you can give us a call. 202-585-3881 for republicans. 202-585-3880 for democrats. 202-585-3882 for independents. also on facebook, facebook.com/cspan. a couple of stories related to the fiscal cliff. from "thew bid frittle bit washington times." this is ron from louisiana. caller: good morning. host: who wish to nominate? -- who would you'll
on the domestic front. here is the "washington times." also, sticking with the senate, the baltimore sun reporting this headline -- in politics, here is the denver post -- open phones before the first 30 minutes. we have a short show because the house is coming in at 9:00. steve in gaithersburg, maryland, a republican caller. caller: host: when did the republican party become the party that restricts poor? i understand the tax cut for the rich is important to some people, but i feel the good thing would be unlimited in of government at the federal level. that has nothing to do with this. that would be more on the spending cuts. host: what do you make of the back a plan being reported by the new york times saying if we cannot come to some sort of deal, we should just passed tax cuts for the middle class americans and then fight later on for spending cuts and increasing taxes for the wealthy? caller: the tax cut for the general population is great. that would be good for stimulating the economy. but the big thing is hit there needs to be a balanced plan. we need more revenue and we need less spendin
rogers. >>guest: the worst thing going on in washington is all of the talk about the issue. you pick up a newspaper and it says would will blink first? who will be pulled across the line first? members read those and they are thinking, i don't want to be categorized as blinking. >>neil: but you just contributed saying you better not talk the entitlements or talk about social security or medicare and i know you may have your reasons but the republicans are saying, we have to give our pound of flesh and raise taxes and we are fine with it. we will do it. never mine the fact that you democrats have doubled the amount of revenues you talked about before the election, so be it. but there is nothing coming from you guys. >>guest: here is one of the things that we have been pushing. that is, according to the c.b.o. if the bush era tax cuts are eliminated, they would generate $950 billion over 10 years. that is just shy of the $1.2 trillion that we laid out in the sequester bill. so, we are moving in the right direction and we are dealing with the whole issue of medicare. >>neil: you are not. y
tonight from washington. >> pelley: good evening. as bank slogans go they don't come any worse than this: the preferred financial institution of drug cartels and money launders. that is a quote today in a u.s. department of justice report about h.s.b.c. holdings, one of the largest banks in the world. to avoid criminal prosecution, h.s.b.c. admitted today that it laundered more than $800 million for mexican drug cartels and covered up illegal transactions for burma, iran, sudan, cuba, and libya. those nations were under banking sanctions because of human rights atrocities, terrorism, or, in iran's case, a nuclear program. the british bank will pay $1.9 billion to the u.s. government, the largest such fine in history. senior correspondent john miller is in new york following the story for us tonight. john? >> reporter: scott, it's a case that has everything: everything except an arrest. and that struck some as odd because in an 80-page document of court papers, the bank admits to almost going out of its way to act as a financial clearing house for international pariahs and drug dealers. h
't forget to check out my blog on the "washington post." now it's time for lawrence o'donnell.peace. that's it for tonight. see you tomorrow. check out my work at "washington post" at wonkblog.com. "first look" is up next. >>> right now on "first look," heavy snow, thunderstorms, freezing rain and high winds serving up a nightmare for stranded holiday travelers. >>> president obama aboard air force one right now racing back to washington to try to lead us away from the fiscal cliff. >>> former president george h.w. bush in intentive care. we'll have the latest on that. >>> a vigil for firefighters, a tornado in action and december surfing in the great lakes. good morning. i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new york to maine with more than a foot of snow expected in some areas. this storm so far being blamed for at least six deaths. and as nbc's kurt gregory reports, t
call members of the house back to washington today. he shouldn't have let them two in fact. they're not here. they're not here. john boehner seeps to care more about keeping his speakership than about keeping the nation on firm financial footing. >> reporter: there have been all eyes on senator mitch mcconnell, the republican leader, the counterpart to harry reid because he has been pretty quiet early on in the negotiations. was defering speaker boehner to give the republican side. after hearing senator reid yesterday, senator mcconnell fired back. take a listen. >> we're coming up against a hard deadline here and i said, this is a conversation we should had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: now senator mcconnell also said he was disappointed because when he got a call from the president two nights ago right before the president left hawaii to come back here to the white house, senator mcconnell says that was the first time he heard from an
in the washington area this morning. because at starbucks, in the washington, d.c., area at each of the starbucks locations, they write on the cups, "come together." it's sort of an impetus to maybe get these bozos in the house and the senate to come together in the fiscal cliff. we're going to be talking about the starbucks effort a little later in the show. good morning, ladies and gentlemen. >> good morning. >> good morning. it's thursday, december 27th. i'm mike barnicle in for joe, mika and willie. joining the table, we have political editor and white house correspondent for the huffington post, sam stein. >> hi. >> applause for sam. "fortune's" assistant managing editor, leigh gallagher. and the president of the council on foreign relations, author of "foreign policy begins at home: the case for putting america's house in order." and in washington, vice president and executive editor of msnbc.com and msnbc political analyst, richard wolffe. a minor round of applause for richard wolffe. >> one hand clapping. >> first of all, can anybody here come up with a synonym -- i don't care what it is
to see trillion deficits for as far as the eye can see. listen, washington's got a spending problem, not a revenue problem. >> joining me now are richard wolffe, the executive editor of msnbc.com and an msnbc political analyst, and robert reich, former labor secretary and a professor at the university of california berkeley. he is also the author of "beyond outrage." richard, i want to go to you first here. the president talked quite a bit in the election cycle. >> quite a bit. >> he did, period, about the fever breaking amongst republicans in congress . >> yes. >> it's been quite feverish of late, which is to say a lot of back and forth, a lot of hot air blown from the house caucus. i wonder if you think that fever might be breaking with the suggestion john boehner said, even if the president gets his way on tax rates, which would seem to open the door to that possibility. >> it's a bit to latch on to that. they cannot settle on a position. very different from the last time around. and it's true. the white house has said both publicly and privately, look, we're prepared to see all
'm not going to say it. >> you are in our hearts. you can tell us what's going on in washington. what's going on in washington? >> bad dynamics. >> really? >> those of us optimistic there'd be a deal. the white house has blasted boehner's offer as much as the republicans blasted the president's. people like to say, oh, they're going to posture, but behind the scenes they're working it out. they're not. >> i hear chuck todd reported yesterday behind the scenes a top aide to barack obama, willie geist. and this -- i don't -- i'm not really good at reading the tea leaves. maybe this is good, maybe this is bad. but a top obama aide yesterday told chuck todd that if the republicans -- if these republicans were in power when abraham lincoln were there, there would still be slavery. does that help the process move along? or does it hurt? i don't really know -- >> reading between the lines. >> i know one direction, i know boy bands. >> reading between the lines, that's probably a bad omen. we do have four weeks, though. >> that's bad. >> absolutely. we have, i believe, we have 27 negotiating days. un
panetta. we'll have a report from the pentagon on syria in a moment. >>> first, shock waves in washington. a powerful republican senator suddenly calling it quits. south carolina senator jim demint will step down december 31st to lead the heritage foundation. it's a powerful conservative think tank in washington. demint says he can be more effective outside the senate. >> a lot of my role in the senate has been stopping bad things and saying no to bad things. but we need to do more than that and tell americans what we're for. one of the mistakes i think the republican party made the last two years is trying to make obama the issue without sharing with america bold reform ideas that get people inspired to get behind us. >> senator demint, huge tea party supporter. sometimes clashes with his own party's leadership. he is leaving with four years left in his senate term. earlier, he said he'd retire when the term was up in 2017 but gave no previous indication he might quit now. i want to go to dana bash joining me on the phone here. dana, huge surprise to a lot of people. what's behind the re
host: the two-hour washington journal this morning. the house and is in at 9:00. open telephones for any public policy issue you would like to discuss. you can see the numbers on your screen. you can also contact us on twitter, facebook, or by e-mail. you can see the addresses on your screen. let's start with an update on the so called "fiscal cliff." this is the washington post -- in a side arbucarticle -- that the washington post report on the fiscal cliff this morning. here's an article from "washington times" -- now this is from "politico." a situation that was in the paper couple weeks ago. looks li finally, before we go to phone calls, this article from the daily caller -- again, that is reported in the daily caller. we begin with a call from diane in julian, california, on our democratic line. caller: good morning, peter. my prediction came true, reelecting a president. women against violence acts, being held up by the house. john boehner and the republican house majority leader eric cantor. i tweeted last night quiet late saying the republicans are going to gang up on joh
. >> you see, what's important here is the lack of clarity coming out of washington, d.c. really affects the marketplace in a negative way. like you just mentioned, before our eyes over the holiday vacation, market's down 100 points today. the volatility and swings in the marketplace are very big when there's uncertainty out of d.c. with respect to the fiscal cliffwhen the debt ceiling. they're real issues that need to be addressed in short order. >> you tend to think the media hypes up these things. the fiscal cliff, maybe we're making too much of it. you're not in that court. >> i'm not in that court. i think this is a significant piece of legislation the united states wants to see the balance sheet and income statement of the u.s. be taken care of in short order. otherwise, we also risk a credit rating downgrade. if we can't take control of our revenues that come in and spending that goes out, people will lose can confidence and faith. >> confidence is a big word. kyle harrington, good to see you. happy new year. thank you. >> thank you. >>> cops in new jersey say a suspect in a domes
of washington. in your gut, do you think that this is basically theater and they'll come to a deal quickly? >> i think it's -- i think the odds are about 50/50 right now. which is very high for a negative outcome this far along. there is a very good chance they go over the cliff at least for a few days at the beginning of the year. then, that galvanizes everything and they're finally able to come to a deal. >> especially when you see the economy just recovering. >> that's the thing. the question would be, how much harm will this do to the economy? if you have all of these spending cuts on every government program, on top of everyone's taxes going up, i should say, once you see that prospect of everyone's taxes going up, i do think that no matter what, by mid-january at the latest, you will see that tax cut reinstated for most americans. for the bottom 98%. >> psychologically, it's causing damage. confidence drop as well because of what's going on in washington. george, thank you. >>> today on the show, we got a big show, george has two powerhouse roundtables. later this morning on "this week." >
executives in washington, president obama said republicans' aid to examine the reality that tax rates will rise for the wealthiest americans. >> we have seen some movement in the last several days with some republicans. there has been a recognition that, maybe, they can accept some rate increases as long as is combined with a serious impediment reform and additional spending cuts. and if we can get the leadership on the republican side to take that kramer, to acknowledge that reality, then the numbers are actually not that far apart. another way of putting this is, we could probably solve this in about one week. it is not that tough. >> new details have been revealed in the retail giant kermit factory where 120 dacre workers died in a fire last month. "the new york times" is reporting that wal-mart played a key role in blocking the improvement of safety features at the bangladeshi factory. one representative helped quash a proposal that would help to improve safety investments, calling them not financially feasible. documents found at the fire scene also show five of the factory's 14
'm joined by elise in washington. first u.s. far from the only country to possess drones neen that part of the world, multiple countries do. could the aircraft belong to someone else? >> well, certainly, michael. the u.s. says none of its drones are missing and it follows it could belong to someone else. the united states has identify the 76 countries that use this type of drone country and many u.s. allies in the persian gulf are also using it. but it's unclear how iran got a hold of it anyway. it's possible that it got lost or it had a mechanical failure. it's not clear that it shot down. >> exactly. one of the questions that's been asked, and they've claimed to have done this before, in fact this announcement comes a day to the -- a year to the day after iran claimed to have shot down another u.s. drone and they say that one crashed in the iranian desert. >> that's right. it's a great propaganda for the iranians to say that they shot down a u.s. drone and last year they got so much bang for their buck, by making a toy of this stealth drone and selling it on the streets of tehran. any
the 2012 presidential campaign. we will be live with your calls, tweets, and e-mails, "washington journal" is next. ♪ host: good morning , president obama is in hawaii this weekend for the christmas holiday with his family. he will join a congressional delegation later today led by harry reid in services in holland -- in honolulu for late senator daniel inouye passed away last week that congress will return monday to continue fiscal negotiations. we will look at the options ahead for the president as the january deadline looms but we want to begin with your comments on another debate front and center in washington following the tragic shooting in newtown, conn. -- that is gun-control. "the washington post" said a bitter fight ahead. the numbers are on your screen. we look at some of the headlines on the sunday morning beginning with "the connecticut post." - you can see the flag remaining at half staff outside one of the churches in newtown, conn. following the burial of 20 children and six women killed about a week and a half ago. this is from the front page of today's "new yor
at schools we are learning more about adam lanza. the washington post today has a quote from his former first grade teacher who says there was a quiet depth to him that i couldn't penetrate. let's bring in national political reporter and bob franken, a syndicated columnist. welcome to both of you. before we get started i want to play you more on the interview on "meet the press" this morning. >> if it is crazy to call for putting police and armed security in our school to protect our children then call me crazy. i will tell you what the american people, i think the american people think it is crazy not to do it. it is the one thing that would keep people safe and the nra is going to try to do that. >> immediately following the interview new york senator chuck schumer called wayne lapierre tone deaf. what do you make of the discussion that the nation and the lawmakers are having around gun control especially considering how often these conversations seem to flare up after something horrible like this and fade just as quickly? >> it does fade just as quickly because the gun lobby terifies any p
, they are supposed to have it sorted by january 1. we report from washington. >> sundown on capitol hill in washington d.c. -- washington, d.c., and senate majority leader comes to the microphones to send everyone home until early monday morning, no deal imminent. the mother is still significant difference, but negotiations->> -- >> there is still significant difference, but negotiations continue. >> republicans sought late-day changes to social security in return for tax hikes on the rich. >> the consequences for this are too high for the american people to be engaged in a political messaging campaign. >> the social security move was met with this belief by democrats. so much so, they have no answer to it. >> at this stage, i do not have a counter offer. >> an attempt to broker a deal came up from as high as the vice president. of twoconfident that one things are going to happen when it comes to the fiscal clip. number one, we will see an agreement in the next 48 hours, in which case, middle-class taxes will not go up. if that does not happen, then democrats in the senate will put a bil
to fly back to washington in the next few urs to tr to scrape out a fiscal cliff deal but hope is fading fast. if that weren't bad enough, the treasury now says the u.s. will hit the debt ceiling on new year's eve. will this be a game-changer for reaching a deal? >>> plus as if the fiscal cliff wasn't bad enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas and deadlock over fiscal cliff gave investors little to get excited about. the dow fell 24 points. the so
in washington negotiate a bad deal on the bucket and deficit, what do you think will happen to medicare and medicaid benefits. >> it stars two senator and two republican reps. cnn reports the labor unions are spending more than a half of million dollars on this round of spots. we're back with more steph after the break. stay with us. ♪ going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. [♪ theme music ♪] >> stephanie: okay. and as we mentioned, unemployment numbers. hello! [ ♪ patriotic music ♪ ] >> stephanie: the lowest in four years. >> wow! >> stephanie: it has dropped to 7.7%. >> you're welcome america, i did that. >> no, you didn't. >> stephanie: right. [ applause
well over the next few months, even if the two sides in washington can't rise above politics and come up with a reasonable budget that has both spending cuts and tax increases as seems to be the case right now after the president's discouraging press conference, which suggested that no deal's imminent. and the white house is quietly signaling that talks have regressed. what do i mean about our failure to revisit what didn't happen, what didn't go wrong and the impact on the market? well, let's start with today's incredible news about general motors buying $5.5 billion worth of stock from the u.s. government's t.a.r.p. program. and it was at a price $2 above where gm traded yesterday. that's right. we, the people, got a better deal than we could've ever hoped for just the day before. gm most likely would have been liquidated, putting more than a million people out of work, if the federal government hadn't bailed it out. nobody likes a bailout. people don't like to use the phrase bailout and the government isn't going to be made whole in this investment. i'm saying that point-blank. tha
. >> i'm gres gregg jarrett. >> gridlock in washington continues. the white house not backing down one bit. republican leaders say though are nowhere near on negotiations to avoid the fiscal cliff. >> and protest in tahrir square as anger continues to grow against egyptian president mohammed morsi. we'll have a live report. >> new information on what may have caused a freight train carrying dangerous chemicals to derail in new jersey. >> heather: the clock is winding down to a potential economic disaster. there has been a lot of talk apparently nothing to show for it. democrats and republicans blaming each other nor the standoff with your tax bill riding on the out come. unless an agreement is reached by the end of the month, bush-era tax cuts will expire triggering a rise in taxes by an average of 5%. that means a middle-class family will pay $2,000 more in taxes and married couples would be hurt because of marriage penalty. it doesn't include the budget consequences. $55 billion would be cut from the pentagon and another $55 billion slashed from domestic programs. an estimated 2 mill
to go up. but we only run the house. democrats continue to run washington. >> call me a hopeless optimist, but i actually still think we can get it done. >> eamon javers live in washington. eamon, fascinating to look at that tape in retrospect. >> i think a lot of people in washington think the make-or-break deal making sessions have already happened here. and one republican senator i talked to this morning said there are very low expectations now for this meeting at the white house today. and boy, how times have changed, carl. just watching that tape that you just ran. one of the things that i'll be watching for when i'm standing on the white house north lawn this afternoon is whether or not these four congressional leaders come out as they did back in november and talk to the press after the meeting. we've had a lot of meetings at the white house where people have left very quickly, gotten into a suv and driven off the complex without talking to reporters. if they come out to those microphones after this meeting and come out together, i think that will be a hopeful sign that pe
. on the darkest day of 1990 in washington, d.c., i began my ministry. that is something people don't realize, especially those who attack those who work with the indigent or support for the struggling -- or the poor. when i was back in d.c., we had dan and bob and they sat in an irish bar around the corner and worked out the tax bill in 1987, i believe the year was. that's the kind of leadership the article was just talking about. instead of the people that call up and paris at the propaganda, we really have to be practical. -- that parrot the propaganda. a house divided cannot stand. let me give my personal example. i live on $6.66 a day. that is food stamps. that is for single adults. i live on social security, $774 a month. i am trying to go back to cornell to do sustainable energy. we are in a double down on reaganomics in despite. jimmy carter had great inflation because for five years we were a peaceful country again. then reagan put us back into the largest military buildup in peacetime. i think that's what we ought to do is realize that did not work, just like some of the new deal st
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